Sixth Consecutive Quarter of Revenue Growth
The first quarter marked the sixth consecutive quarter of revenue growth and the third consecutive quarter of double-digit year-over-year increases, with revenue reaching $310 million, up 15% year-over-year.
SaaS ARR Growth
Sustained growth in cloud subscription drove SaaS ARR up 24% year-over-year to $216 million.
Strong Product and Regional Performance
Product revenue increased 20% year-over-year, with strong performance in Asia Pacific and EMEA. Bookings grew 21% year-over-year.
New Product and Technology Adoption
Increased adoption of WiFi 7 solutions and positive feedback for Extreme Platform ONE, which uses AI to improve networking efficiency.
Strategic Wins and Partnerships
Significant wins in Asia Pacific with a major government project and an extended partnership with the NFL through 2028.
Environmental Initiatives
Extreme Networks reduced emissions by 34% since 2021 and plans to source 50% of electricity from renewables.